3 ms·
> As you can see, the $3.35M I raised at a San Francisco valuation netted me over $4.5 million of purchasing power in Philadelphia. 3.35 / 4.5 = 74.4%. 3/4 th
by bhelkey 8y ago
> As you can see, the $3.35M I raised at a San Francisco valuation netted me over $4.5 million of purchasing power in Philadelphia.
3.35 / 4.5 = 74.4%. 3/4 the funding not 1/4.
- ojbyrne 8y agoArbitrage == information asymmetry. It gets reduced over time (this post and comment will help).